How to move money from UK to USA
Jan 27th 2010, 11:38 am
#1
Forum Regular
Thread Starter
Joined: Jan 2008
Posts: 71
How to move money from UK to USA
hi guys
I am due to immigrate to the USA end of march and need to move my money from my UK account to a US one.
The hard thing is i cant actually open my US one until I get my SS number so I guess I can move the money into my husbands account for the time being (lucky him).
Does anybody know the best way to move my money over. Does anyone also know if I am able to keep my UK account open despite being the USA. ( I sometimes get ad hoc payments into my account for past work?
Best wishes
mia
I am due to immigrate to the USA end of march and need to move my money from my UK account to a US one.
The hard thing is i cant actually open my US one until I get my SS number so I guess I can move the money into my husbands account for the time being (lucky him).
Does anybody know the best way to move my money over. Does anyone also know if I am able to keep my UK account open despite being the USA. ( I sometimes get ad hoc payments into my account for past work?
Best wishes
mia
Jan 27th 2010, 1:07 pm
#2
Account Closed
Joined: Aug 2002
Location: Kentucky
Posts: 38,865
Re: How to move money from UK to USA
www.xe.com
Of course you can.
Ian
Does anyone also know if I am able to keep my UK account open despite being the USA.
Ian
Jan 27th 2010, 2:00 pm
#3
Joined: Mar 2003
Posts: 68,280
Re: How to move money from UK to USA
Dont even consider closing you account .. you will never get it opened again ..if fact open a spare saving account ..while you are there ..
Jan 27th 2010, 3:38 pm
#4
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Joined: Feb 2008
Posts: 3,259
Re: How to move money from UK to USA
b) It depends on the bank. Some won't let you leave it open if you aren't resident in the UK. As was said try and keep one open there just in case.....it's nearly impossible to open one when you aren't resident.
Jan 27th 2010, 5:37 pm
#5
BE Enthusiast
Joined: Feb 2009
Posts: 436
Re: How to move money from UK to USA
a) I use ukforex.com, XE and HifX are two others mentioned on here. You want to use one of them rather than your bank who will rip you off by comparison.
b) It depends on the bank. Some won't let you leave it open if you aren't resident in the UK. As was said try and keep one open there just in case.....it's nearly impossible to open one when you aren't resident.
b) It depends on the bank. Some won't let you leave it open if you aren't resident in the UK. As was said try and keep one open there just in case.....it's nearly impossible to open one when you aren't resident.
Last edited by Zonie; Jan 27th 2010 at 7:24 pm. Reason: spooling
Jan 27th 2010, 9:50 pm
#6
Forum Regular
Joined: Jan 2008
Location: Metro West Boston
Posts: 85
Re: How to move money from UK to USA
I have always found both Currencies Direct and HIFX to offer a good service and they always claim to beat the banks on exchange rates, oh and do not charge transfer fees.
Jan 28th 2010, 2:57 am
#7
L2, GC, Surrey, OH, TX!
Joined: Aug 2007
Location: Surrey to Dallas (via Ohio)!
Posts: 6,363
Re: How to move money from UK to USA
and i got US bank accounts without an ssn.
Jan 28th 2010, 5:31 am
#8
Just Joined
Joined: Jan 2010
Posts: 3
Re: How to move money from UK to USA
Anyone have any ideas how I get my UK pension payments to the US when I don't have a UK bank account? And it looks impossible to open a UK bank account now.
I've been here for 14 years and have no dealings with the UK and have had no need for a bank account there.
So what do I tell my annuity providers where to send my money?
I can't be the first to have hit this issue.
HIFX looks good as far as moving the money but they still require a UK bank as the source.
I've been here for 14 years and have no dealings with the UK and have had no need for a bank account there.
So what do I tell my annuity providers where to send my money?
I can't be the first to have hit this issue.
HIFX looks good as far as moving the money but they still require a UK bank as the source.
Jan 28th 2010, 1:12 pm
#9
Joined: Mar 2003
Posts: 68,280
Re: How to move money from UK to USA
Anyone have any ideas how I get my UK pension payments to the US when I don't have a UK bank account? And it looks impossible to open a UK bank account now.
I've been here for 14 years and have no dealings with the UK and have had no need for a bank account there.
So what do I tell my annuity providers where to send my money?
I can't be the first to have hit this issue.
HIFX looks good as far as moving the money but they still require a UK bank as the source.
I've been here for 14 years and have no dealings with the UK and have had no need for a bank account there.
So what do I tell my annuity providers where to send my money?
I can't be the first to have hit this issue.
HIFX looks good as far as moving the money but they still require a UK bank as the source.
Never know one that didnt
Jan 29th 2010, 3:08 pm
#10
Just Joined
Joined: Jan 2010
Posts: 3
Re: How to move money from UK to USA
Ray,
Thanks. I have added that to my IFAs list to check. :-)
Thanks. I have added that to my IFAs list to check. :-)
